Age, Biography and Wiki

Leon Recanati was born on 10 May, 1948 in Israel, is a Leon Recanati is businessman and philanthropist businessman and philanthropist. Discover Leon Recanati's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 75 years old?

Popular As N/A
Occupation businessman and philanthropist
Age 75 years old
Zodiac Sign Taurus
Born 10 May 1948
Birthday 10 May
Birthplace N/A
Nationality Israel

We recommend you to check the complete list of Famous People born on 10 May. He is a member of famous businessman with the age 75 years old group.

Leon Recanati Height, Weight & Measurements

At 75 years old, Leon Recanati height not available right now. We will update Leon Recanati's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children 3

Leon Recanati Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Leon Recanati worth at the age of 75 years old? Leon Recanati’s income source is mostly from being a successful businessman. He is from Israel. We have estimated Leon Recanati's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income businessman

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Timeline

1948

Leon Recanati (ליאון רקנאטי; born May 10, 1948) is an Israeli businessman and philanthropist.

Leon Recanati is the son of Mathilda and Daniel Recanati.

His father served as CEO of the Israel Discount Bank and along with his brothers, established the IDB Holding Corporation.

After completing his military service, Recanati earned a B.A. in economics and an M.B.A. at Hebrew University in Jerusalem.

Leon Recanati is married to artist Mira Recanati.

They have two children, Daniel and Dafna who is married to American philanthropist and investor Thomas Kaplan.

Recanati has a younger daughter May from a past relationship with Shula Recanati.

1950

It was founded in 1950 by Bank Hapoalim, the Histadrut labor federation and several pension funds then sold to the brothers Jules and Eddy Trump, who listed it on the Tel Aviv Stock Exchange, and then sold in October 2003 to Eyal Yona and Amnon Barzilay.

Performance at Gmul deteriorated.

Recanati stated: "At this point I can say that buying control of Gmul was the worst deal I have ever made... I cannot invest any more in Gmul, but I hope that we can all work together to find a solution and reach a fair, mutually agreed-upon arrangement."

1971

In 1971, he worked for the Israel Discount Bank – which was founded by his grandfather, Leon Yehuda Recanati.

1979

In 1979, he was appointed deputy CEO with responsibility for all branches and marketing.

1983

He largely escaped the scandal of the 1983 Israel bank stock crisis.

1986

In 1986, he transferred to IDB Holding, the investment side of the family business where he rotated through various chairmanships at Supersol, Delek and Clal, and later served as co-CEO and co-chairman of IDB Holding.

2003

In May 2003, the family sold IDB Holding to Nochi Dankner and divided its assets.

With his share, Recanati established Glenrock, an investment company, which he ran with his wife Shula Recanati and Ziv Kop.

It has three divisions: GlenRock America assists Israeli businesses in entering the American market and also serves as a conduit for American investors to invest in Israel (headed by Larry Graev); GlenRock Israel invests in local technology companies; and GlenRock Italy advises Israeli businesses in penetrating the Italian market and serves as a bridge for Italian investors interested in investing in Israel (headed by Rony Benatof).

2007

In 2007, he purchased a 50.4% stake (73% total with two minority partners) in the Gmul Investment Company for NIS 600 million more than twice its market capitalization.

Gmul had stakes in real estate, hotels, investments, and automotive.

2011

In October 2011, he sold half of his 50.4% investment in Gmul to Itzhak Gvilli for NIS 20 million.

2012

He resigned as chairman of Gmul in July 2012.

Recanati serves as vice chairman of the Israel Cancer Association.

He has served as chairman of Tel Aviv University's Development Committee and he also is involved with the Israel Museum and the Tel Aviv Museum.

Recanati established the Tapuah program in Israel which established 48 centers in disadvantaged areas and Bedouin, Druze and Arab villages where basic computer and internet training is provided.